ULIP plans are investing your money into the equity market. It is the same like the mutual funds, but ULIPs are providing the life cover and also linked to the insurance policy. What is Net Asset Value (NAV) of a policy? NAV of a ULIP plan is nothing but the book … [Read more...] about How the NAV of ULIP policy is calculated?
MetLife India Insurance has launched a new unit-linked child plan - 'Met Smart Child'. The unique feature of Met Smart Child is that the fund is locked in for the benefit of the child till the child turns 18. This will ensure that the fund never gets misused and is solely used … [Read more...] about MetLife launched unit-linked child plan – 'Met Smart Child'
Kotak Life Insurance has launched an investment oriented Unit Linked Insurance Plan (ULIP)- 'Kotak Invest Maxima'.The plan offers a zero premium allocation charge feature maximizes the investible component the choice of three different portfolio management … [Read more...] about Kotak Life Insurance launches ULIP- 'Kotak Invest Maxima'
Bajaj Allianz Life Insurance has launched new ULIP - Guaranteed Maturity Insurance Plan. This ULIP provides at maturity at least twice the value of single premium paid along with life cover. With minimum single premium at Rs 5,000, the product offers the lowest single premium … [Read more...] about Bajaj Allianz Life launches new ULIP – Guaranteed Maturity Insurance Plan
Bharti AXA Life Insurance has launched two new products - Bharti AXA Life Future Invest and Bharti AXA Life Power Kid Insurance Plan. 'Future Invest’ is a limited pay plan focused on wealth creation and ‘Life Power Kid Insurance Plan’ is a unit-linked comprehensive child plan. … [Read more...] about Bharti AXA Life Insurance has launched two new plans
Edelweiss Tokio Life Insurance Company Limited has launched three wealth accumulation plans, tailor made to meet the various wealth creation and protection needs of customers. The three wealth accumulation plans, namely Cover Plus, Comprehensive Cover and Accelerated Cover has … [Read more...] about Edelweiss Tokio Life launched Three Wealth Accumulation plans
IndiaFirst Life Insurance has launched a unit-linked savings plan ‘IndiaFirst Money Balance Plan’. 'IndiaFirst Money Balance' plan is available across all Bank of Baroda and Andhra Bank branches. Net savvy customers can buy this insurance plan online as well. Key Features 1. … [Read more...] about IndiaFirst Life Insurance launches 'Money Balance Plan'
Holders of unit-linked policies who discontinue their policies mid-way shall get a minimum guaranteed interest at par with SBI savings bank account rates, regulator IRDA said. Changing the rules, the Insurance Regulatory and Development Authority (IRDA) also asked the life … [Read more...] about IRDA : Ulip holders to get interest if they discontinue policies
ICICI Prudential has launched two unit linked insurance products – ICICI Pru Elite Life and ICICI Pru Elite Wealth. These products offer customers the flexibility of choosing the frequency of their premium payments. The products offer customers the flexibility of either … [Read more...] about ICICI Pru launches ULIP plans – 'Elite Life' 'Elite Wealth'
IDBI Federal Life Insurance launches new ULIP called Wealthsurance Dreambuilder Insurance Plan. Wealthsurance Dreambuilder Insurance Plan offers various investment options as per the needs of customer depending upon his or her risk appetite. For instance, conservative customers … [Read more...] about IDBI Federal Life Insurance launches ULIP – Wealthsurance Dreambuilder